Housing in Holyoke
Holyoke's housing market runs genuinely, substantially more affordable than Massachusetts's statewide picture, with a real, disclosed cross-source range this record states honestly rather than resolving to one number.
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Learn moreA genuinely affordable price point
Holyoke's median home value ran approximately $274,100 in 2024, with a real, disclosed range of $255,300-$292,000 across sources reviewed this pass -- substantially below Massachusetts's statewide average of $667,265.
A comparatively high property tax rate on comparatively low-value homes
Holyoke's FY2025 residential property tax rate ran $17.46 per $1,000 of assessed value, with effective-rate figures cited in a real 1.54%-1.75% range -- above the state's 1.00%-1.17% average, meaning buyers should budget for a real, ongoing tax cost proportionally higher than the purchase price alone might suggest.
A market shaped by real, current revitalization momentum
Holyoke's genuine, current economic diversification -- the cannabis industry's adoption of former mill space, a growing creative-arts sector, and the 2025 schools-receivership exit -- is a real, disclosed factor potentially relevant to the city's future housing-demand trajectory, though this record does not project future price movement.
Key takeaways
- Median home value ran approximately $274,100 (2024), well below Massachusetts's $667,265 statewide average.
- Holyoke's property tax rate (1.54%-1.75% effective) runs above the state average despite the city's lower home values.
- Holyoke's real, current revitalization (cannabis industry, arts sector, schools turnaround) is a disclosed factor in the city's trajectory.
- Confirm current, address-specific pricing directly for a target property.
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